Business
3 dirt cheap ASX real estate shares – Motley Fool Australia
Here’s why Abacus Property Group and 2 more ASX real estate shares have been oversold by the market, in my view.
Real estate investment trusts, or REITs, have had a very tough year in 2020, with almost all suffering large share price falls. Yet, the impacts of the coronavirus pandemic have been felt differently across the sector. For example, REITs exposed to shopping malls have seen large scale devaluations of their portfolios due to the economic impacts of coronavirus.
GPT Group(ASX: GPT) is a company with a strong exposure to retail. Consequently, its recent report showed a reduction in funds from oper…
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